The UK Chamber of Shipping has published a new report by the Centre for Economics and Business Research (Cebr), confirming the UK’s position as one of the world’s most competitive maritime nations, reports Safety4sea.
The report introduces the Shipping Competitiveness Index, an international benchmark assessing 44 maritime countries that together represent over 80% of globally owned deadweight tonnage. The United Kingdom ranks 5th out of 44 countries in the latest Shipping Competitiveness Index, developed by the Centre for Economic and Business Research (Cebr). The report, commissioned by the UK Chamber of Shipping, benchmarks maritime performance across four key pillars:
- Trade,
- Fleet & capital,
- Workforce, and
- Regulatory environment & governance
For the 12th year in a row, Singapore was recognised as the world’s leading shipping centre, achieving an impressive score of 99.50 out of 100 in the Xinhua-Baltic International Shipping Centre Development Index (ISCDI) Report, jointly issued by the Baltic Exchange and Xinhua News Agency.
Overall top 5 countries
| Rank | Country |
|---|---|
| 1st | Singapore |
| 2nd | Japan |
| 3rd | China |
| 4th | Germany |
| 5th | United Kingdom |
Category rankings
| Category | 1st | 2nd | 3rd | 4th | 5th |
|---|---|---|---|---|---|
| Trade | Singapore | Germany | United States | China | France |
| Workforce | South Korea | United States | Russia | China | Denmark |
| Fleet & capital | Greece | Singapore | China | Japan | United Kingdom |
| Regulatory environment & governance | Netherlands | Norway | Japan | United Kingdom | Singapore |
Did you subscribe to our daily Newsletter?
It’s Free Click here to Subscribe!
Source: Safety4sea
